PM1
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0.00% 3.8¢ pure minerals limited

Ann: Exercise of Option to Acquire QPM, page-4

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  1. mbomb
    932 Posts.
    lightbulb Created with Sketch. 782
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    25/02/19
    11:55
    Post #: 37554694
    Agreed.. 

    People need to get their head around ore tolling... NIC is sending ore to the proposed Tsingshan plant.

    WFE is proposing to bring in ore from other DRC mines to treat at their facility.  

    A lot of mines have pretty average feed grade and after the first few yrs end up treating low grade marginal ore. The beauty of this setup is it can be fluid with its ore supply. 
    PM1 Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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